Key facts: Ethereum's price rose to $4,582 this week, with trading volumes over $31.55 billion and a market cap of $553.87 billion, fueled by $1.3 billion in new spot ETH ETF inflows.
Ethereum's price surged to $4,582 this week, with trading volumes exceeding $31.55 billion and a market cap of $553.87 billion, driven by $1.3 billion in new spot ETH ETF inflows. 1BitMine Immersion Technologies has become the largest corporate ETH holder, acquiring 180,000 tokens for $821 million, totaling approximately 2.83 million ETH. Additionally, Ethereum experienced $1.48 billion in inflows last week, bringing the year-to-date total to $13.7 billion, nearly tripling last year's total, indicating a significant rise in investment interest.
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